U.S. stocks are mixed early Wednesday, treading water after a mixed batch of economic data, and as investors continue to digest hawkishly-received remarks from new Federal Reserve Chair Jerome Powell. The sluggish start punctuates a late-month market whipsaw, with the S&P 500 technically registering a bearish single-session reversal pattern.

Broadcom made a sweetened offer for Qualcomm that valued it at $121 billion but did little to convince investors the would-be buyer could seal a deal with a company facing challenges from regulators and prominent customers.

Broadcom made a sweetened offer for Qualcomm that valued it at $121 billion but did little to convince investors the would-be buyer could seal a deal with a company facing challenges from regulators and prominent customers.

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